Thermal Energy International Inc V.TMG

New Press Release - Thermal Energy International Reports Fourth Quarter and Fiscal 2024 Results

Fiscal 2024 was a record year for revenue, order intake, and EBITDAOttawa, Ontario--(Newsfile Corp. - September 19, 2024) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company"), a provider of innovative energy efficiency and carbon emission reduction...read article.

[777Andrew777]

Looks overall pretty solid. Lots of positives to build on. Seems like continue steady growth will continue in time.

[Going44Gold]

Lipstick on a pig.  We all know the line. No sales growth. To claim that Q4 last year was exceptional only emphasizes that TMG cannot sustain enough momentum to gain new investor interest. The tragedy is they have great products.  Never going to more valuable than 1x sales and they cannot find enough of them. 30+ PDAs? Was a buzz word. Not a mention as a highlight for year end. The

[Mostlyserious]

The long periods without sales news releases pretty well sums it up.  And it is not reasonable to peg so many of these periods of times on seasonality of business.  A large customer base would mitigate those periods.  TEI boasts an impressive number of large clients.  The problem is that too many of those were one-offs maybe coming back to the table every few years.  

[Going44Gold]

To your point, TMG used PDAs as a talking point when it was trying to build the credibility story BUT no longer a valid metric. We no longer have consistent messaging regarding PDA backlog, completions, and conversion to actual POs. To be honest, this was the messaging that clearly had my interest.  What is the real puzzle today is given the ROI to their solution, why the inconsistency with

[panapple42]

now they have to execute the sales or hire "additional" sales people.

[panapple42]

good luck in your trading.

[Mostlyserious]

Sadly, not updating the PDA numbers likely means that there has been no growth there.  To me, they should be cranking out a few every month knowing that the success rate is 50-70%.  The CEO needs to prove that he is the right person to grow the company from this point. Every phase of growth requires different skill sets and very few companies had CEOs that led companies from infancy to

[panapple42]

The CEO has to sign some contracts and blow the shorts out of the water now.

[Going44Gold]

Apple, what is your fixation with shorting this stock? There is not enough volume traded and the lack of news that is what impacts the share price.  I always refer back to Crossland who tells us 1X annual sales is what he would pay for a developing company. The share price aligns to that statement today and when the sales justify a price move, we will get the interest to buy once again.

[panapple42]

current code is "2"